Royal Bank of Canada Begins Coverage on Karman (NYSE:KRMN)

Investment analysts at Royal Bank of Canada initiated coverage on shares of Karman (NYSE:KRMN) in a report issued on Monday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating and a $35.00 price target on the stock. Royal Bank of Canada’s price target points to a potential upside of 21.23% from the stock’s current price.

KRMN has been the topic of several other research reports. William Blair began coverage on shares of Karman in a research note on Monday. They issued an “outperform” rating on the stock. Robert W. Baird assumed coverage on shares of Karman in a research note on Monday. They issued an “outperform” rating and a $40.00 price target on the stock. Evercore ISI initiated coverage on Karman in a report on Monday. They set an “outperform” rating and a $38.00 price objective for the company. Finally, Citigroup assumed coverage on Karman in a research note on Monday. They issued a “buy” rating and a $42.00 target price on the stock. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $38.75.

Karman Price Performance

Shares of KRMN opened at $28.87 on Monday. Karman has a fifty-two week low of $27.76 and a fifty-two week high of $34.20.

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.